Invest in $401K
A $401K is a memecoin retirement savings plan, designed to facilitate long-term financial security for employees. Contributions are made from an employee's pre-tax income, and invested to promote capital growth over time. Unlike a traditional 401K, employee's contributions are not matched. Withdrawals from the account are taxed as ordinary income, and early withdrawals prior to age 59½ incur no penalties. The $401K is a cornerstone of modern retirement planning.
Getting Started
$401K allows you to make investments to provide financial security* when you retire.
Assess your Financial Needs
- Where am I, financially? U.S. Securities and Exchange Commission can help you evaluate your financial situation.
- What will my Social Security retirement benefit be? Calculate what you can expect as your Social Security retirement benefit.
- The Department of Labor and Investor websites also have retirement planning information.
Fund your $401K
Funding your $401K can be done by various methods. Ensure you have a crypto wallet before you begin.
Buying $401K
To buy tokens on Base chain means acquiring digital assets (cryptocurrency or tokens) that are native to or supported by the Base blockchain, a Layer 2 solution built on Ethereum. Base allows for faster and cheaper transactions while maintaining security by inheriting the security of Ethereum.
- The contract address for $401K is 0xB562CF016f0Dc40682F54EE2e2c316E5d9a7A67C. Take care to ensure that your transactions are with the correct address.
- Buying $401K can be done directly using Coinbase Wallet.
- You can also use other wallets like Metamask to buy $401K.
Bridging $401K
Bridging refers to transferring assets or tokens between different blockchain networks. This is necessary because most blockchains are isolated systems that don't natively communicate with each other. For example, if you hold tokens on Ethereum but want to use them on the Base chain (an Ethereum Layer 2 solution), you would use a bridge to move those tokens from the Ethereum network to Base.
- Transfer Ethereum (ETH) directly to your Base network wallet or send it to your Ethereum wallet and bridge ETH to Base via the offical Coinbase bridge or the Orbiter Finance bridge.
- You can also visit Matcha, an onchain liquidity swap aggregator that allows you to trade supported Base currencies. Ensure your wallet is connected to the Base network.
Contribute to $401K
Contributing to $401K is crucial for growing your savings. Make consistent contributions and monitor your memecoin investments for long-term gains. Contributing to your $401K means putting a portion of your salary into $401K. This money is set aside before taxes, and it is invested with the goal of growing your savings* over time.
You can also contribute content to inform your friends and family on $401K. Use the $401K logo and imagery when appropriate.
Grow your $401K
Growth within $401K is driven by both your contributions and the contributions of our peers.
Follow $401K on socials and share our posts. Everyone should be aware of financial literacy*.